🔥 Record enthusiasm for Pi Coin, Binance hesitates: Will the crypto be listed?
Welcome to the Daily Tribune of Wednesday, February 19, 2025 ☕️
Happy New Year to Cointribu! 🚀
Today, we are Wednesday, February 19, 2025 and as every day from Tuesday to Saturday, we summarize the news from the last 24 hours that you shouldn't miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Sunny ☀️
24h crypto recap! ⏱
🌍 Truth week for crypto: the Fed and inflation under scrutiny!
The upcoming week promises to be ultra-volatile for financial markets and Bitcoin, with the publication of the Fed minutes, the inflation figures in Japan and the UK, as well as the quarterly results of Semler Scientific and Riot Platforms. The American Federal Reserve could dampen hopes for a quick interest rate cut, which would slow down Bitcoin's momentum. Meanwhile, global inflation remains high, which increases investor uncertainty. A too firm statement from the Fed could trigger a bearish shock on cryptos. 🔗 Read the full article
📉 Solana in free fall: investors liquidate their positions!
Solana is undergoing a wave of massive sell-offs, with an explosion of short positions on Binance and other platforms. The long/short ratio has sharply dropped from 4 to 2.5, indicating an increased bearish sentiment. The blockchain is suffering from scandals related to memecoins, notably the crash of Libra (-4.4 billion $) and the memecoin TRUMP (-2 billion $). This succession of fiascos undermines the reputation of the Solana ecosystem, despite its growing adoption in DeFi. 🔗 Read the full article
💸 Investors are deserting crypto ETPs after 19 weeks of inflow!
Exchange-traded products (ETPs) in crypto are recording their first net outflow of capital in 19 weeks, with a withdrawal of 415 million $, of which 430 million $ solely on Bitcoin. This turnaround can be explained by macro-economic uncertainty, the cautious statements from the Fed, and high inflation figures in the United States. This phenomenon could be a precursor signal of a correction, but some analysts believe that a short squeeze could trigger a new rise in BTC instead. 🔗 Read the full article
📊 Pi Coin: a massive vote on Binance, but uncertainty looms!
With 2 million votes, Pi Coin has massively attracted the Binance community, which voted 86% in favor of its listing. But be careful: this vote is only indicative and does not guarantee integration on the exchange. Binance reserves the right to decide alone, applying its own strict selection criteria. Meanwhile, Pi Coin fluctuates between 50 and 75 $ on secondary markets, leaving open the possibility of a potential speculative manipulation. Between popular enthusiasm and institutional caution, the fate of Pi Coin remains uncertain. 🔗 Read the full article
Crypto of the day: Berachain (BERA)
Berachain is a layer 1 (Layer 1) blockchain identical to the EVM (Ethereum Virtual Machine), which introduces an innovative consensus mechanism called Proof of Liquidity (PoL). This mechanism aligns the security of the network with the provision of liquidity, creating an ecosystem where validators, users, and applications interact efficiently. By integrating DeFi modules such as decentralized exchanges (AMM), lending platforms, and derivative product markets directly into the chain, Berachain aims to de-fragment liquidity and offer a robust infrastructure for decentralized applications.
The native token of Berachain, BERA, serves as a gas token for transaction fees and staking for network security. Validators must stake a specific amount of BERA to participate in transaction validation and secure the network. BERA holders can also participate in network governance by delegating their tokens and voting on proposals that influence the development and operations of the platform.
Recent performance:
Current price: 6.58 $ (approximately 6.20 €)
24-hour change: +14.8 %
Market capitalization: 707.74 million dollars
Rank on CoinMarketCap: #93
Robert Kiyosaki predicts a crash: Will Bitcoin save your wealth?
Robert Kiyosaki, author of the best-selling "Rich Dad Poor Dad", sounds the alarm again on the global economy. According to him, a real estate crash, a monetary crisis, and massive unemployment threaten the United States and the global economy. He believes that real estate is overheated, that inflation is out of control, and that the dollar could collapse due to debt and the monetary policies of the Federal Reserve. In his view, employees are likely to be the most affected, while only investors and entrepreneurs will be able to benefit.
Is Bitcoin the ultimate refuge against system collapse?
In the face of these risks, Kiyosaki recommends gold, silver, and especially Bitcoin as the best shields against the impending crisis. He calls gold and silver "God's money", and Bitcoin "the people's money", emphasizing that these assets escape the monetary manipulations of central banks. He also sees the BRICS cryptocurrency backed by gold as a direct threat to the dollar, which would accelerate the capital flight towards alternatives like Bitcoin. According to him, BTC could reach 300,000 dollars by the end of 2025, driven by a growing demand from investors looking to protect their capital.
An exaggerated vision or realistic anticipation?
If Kiyosaki has often successfully predicted crises, some experts believe he exaggerates the extent of the threat to encourage adherence to his financial viewpoint. However, his message resonates increasingly with cryptocurrency investors, who see in Bitcoin a shield against inflation and the collapse of traditional currencies. It remains to be seen whether this prophecy will come true or if Kiyosaki is dramatizing the situation to enhance his influence in financial markets.
